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Jan 27, 2013
01/13
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those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will be no 11th hour deal. >> it is just a bargain position and it is not going to necessarily unfold that way. there are no absolute right now. it is early in yet another chapter of the on going rangles we have been having. so i would put no more into it. it is a prediction and i don't think either side has anything to gain. remember the virginia economy, a lot of places very dependent on defense and other industries, neither side will look good if they cannot make an agreement. it is a prediction but one that i don't necessarily think will be true. >> david cuts wo
those are cuts to military and discretionary spending. paul ryan says don't expect a last minute deal or any deal at all. >> i think the sequester is going to happen because that $1.2 trillion in spending cuts we can't lose those. >> joining me now lynn sweet and david who covers the white house for the washington post. good sunday to both of you. let's start with the claim from paul ryan. $1.2 trillion in cuts said to take effect march 1. paul ryan indicating this time there will...
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Feb 1, 2013
02/13
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no one was particularly excited even the people who were in his camp when it comes to defense spending. >> i mean, the main reason for this nomination was to stick a finger in john mccain's eye. they have succeeded in that. >> do you really think that? >> i don't think it's between obama and hagel. >> not the only -- >> i hope it's not. >> you -- you've -- you're known to orbit around the white house from time to time. >> right. >> when the soup of the day is particularly tasty. i'm kidding. this is all out of love. glen -- >> potato cheddar. >> do you buy that line of argument from ben that this is sticking a finger in john mccain's eye, the hagel nomination, because we've been led to believe that there is a close saysness and a rep twar between the president and chuck hagel and that's why -- >> there are a lot of fingers being stuck in various eyes here. one of the other ones is apac, the fact that they got apac to sit on their hands on this nomination, and the israel, not the jewish lobby, hasn't really weighed in in a meaningful way on this is a big deal for the white house, but, y
no one was particularly excited even the people who were in his camp when it comes to defense spending. >> i mean, the main reason for this nomination was to stick a finger in john mccain's eye. they have succeeded in that. >> do you really think that? >> i don't think it's between obama and hagel. >> not the only -- >> i hope it's not. >> you -- you've -- you're known to orbit around the white house from time to time. >> right. >> when the soup...
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Jan 26, 2013
01/13
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i think this is the future to collect the taxes and spending. we have to do something about this $16.30 trillion national debt. host: our last call is from alaska. caller: i would like to talk about the center. he is still in campaign mode. obama said you did not build that. that was the story. he was none talking about that. he is talking about the roads to get there. even after the election he was lying. we talked about the media as part of the problem we asked which station the people listening to, over half the room clapped and reference. there are just as guilty as anybody. we have time for one more call. you're on the republican line. caller: i would like to ask why we are legalizing so many illegals that are coming across the border. in the meantime cutting back spending for doctors' for all people -- for all people so doctors do not want to see people over 65 because it does not pay for their time. i feel like this is a way to get of old people and bring in illegals and give them the government benefits. i like to hear that address. than
i think this is the future to collect the taxes and spending. we have to do something about this $16.30 trillion national debt. host: our last call is from alaska. caller: i would like to talk about the center. he is still in campaign mode. obama said you did not build that. that was the story. he was none talking about that. he is talking about the roads to get there. even after the election he was lying. we talked about the media as part of the problem we asked which station the people...
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purse term is spend more borrowed money now the bills are going to come do we planted all these seeds of destruction that are going to germinate in the second term plus we're actually going to have to start paying for obama care and other programs that were launched in his first term but are kicking in a second so there are people who think that this is going to be we're obama could really write his legacy because he doesn't have to deal with a bad economy anymore he's going to be trying to fight off this recession which is going to be worse than the one that he inherited now peter we only have about thirty seconds left i do want to point this out though because it sounds like you have a very pessimistic view a gloomy view of what's to come i want to mention though that the stock market has surged more than six percent this year breaking a record that's a good sign and fifteen seconds or less and for all the wall street has a pretty good track record of getting it wrong you know the stock market was rallying right before the bottom dropped out in two thousand and eight so the big peop
purse term is spend more borrowed money now the bills are going to come do we planted all these seeds of destruction that are going to germinate in the second term plus we're actually going to have to start paying for obama care and other programs that were launched in his first term but are kicking in a second so there are people who think that this is going to be we're obama could really write his legacy because he doesn't have to deal with a bad economy anymore he's going to be trying to...
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Jan 28, 2013
01/13
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and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the president. >> meanwhile, these markets are on fire. another good week for the market. the s&p 500 hitting a new five-year high. what is driving stocks? and do you think it's sustainable for the year? some of the risk has been pulled out of the of the market. so the most recent is three months. some of the ris ks. and maybe just that the election isn't determined. maybe some are happy. some are, some aren't. but it's solved. markets don't like uncertainty. so even though it wasn't very likely the european union would fall apart, even though
and they don't agree about military spending. they don't agree about what taxation should be, on and on and on. gun control. they don't agree. and on the other hand, you know, we have this sort of slow economy that makes it more difficult to cut a deal. and i should add to that a constitutional crisis, in a way, because this whole debt ceiling has been a weapon that the house of representatives has used to gain power. it's not just the republicans versus the democrats. it's the house versus the...
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Jan 25, 2013
01/13
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john: for the record, bush did spend an astounding $3 trillion per year, but obama spent 3.8 trillion per year so far, and that is adjusted for inflation. so obama spent 25% more. but they don't believe that. they think it's all bush's fault. >> it's a special kind of kool-aid, it is half worship ms. with dilution -- mixed with dilution. look at the threats that are happening in this country? john: i hope we would learn from what happened in greece. but as of this week, no longer do because the reaction of people in greece is not to say we messed up, we spend too much, it is to be angry about the politicians who want to cut back. and how do they take it out, they bombed the homes of tv commentators who support this. so that is a model for us? >> unfortunately that is the road we are headed down. i live in california and we see it coming faster. we shouldn't be that close to greece being on the opposite coast, but we are. john: another model for failure. >> he said i was a model and i take that as a compliment. i studied in greece and i love greece and i understand the greek people. i
john: for the record, bush did spend an astounding $3 trillion per year, but obama spent 3.8 trillion per year so far, and that is adjusted for inflation. so obama spent 25% more. but they don't believe that. they think it's all bush's fault. >> it's a special kind of kool-aid, it is half worship ms. with dilution -- mixed with dilution. look at the threats that are happening in this country? john: i hope we would learn from what happened in greece. but as of this week, no longer do...
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Jan 24, 2013
01/13
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this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat, and our credibility as a nation, as we work to help other countries create order, the first priority will be that america at last puts its own fiscal house in order. i really can't emphasize to you enoug
this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign...
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Jan 27, 2013
01/13
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. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information about the medicines you swallow and your heart rate and sleep,temperature, a lot of things what we call a panel of fiss logical and it commune indicates with a blue tooth phone you carry and it can help you manage your own health. >> i think we're at an inflection point. we've had all these incrementle amazing changes over the last five years and now we're poised to make great leeps in these complex disease. our understanding of cancer the last five years as dwarfed the last 25 and the next ten years will take us into some amazing advances. >> technology mont night on the communicate tors at 8:00 easte
. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information...
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Jan 26, 2013
01/13
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CNN
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obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis, multiple falls. richard quest is fresh off the bunny slope. ♪ my friends are al ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> all right. richard quest joins me now. he is the host of "quest means business" on cnn international. a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like
obama has also said investing as a synonym for spending. investing has to be investing. >> if we can't get behind a no-brainer like this, a public/private infrastructure bank, we have a real problem. this is leveraging, private capit capital, should be a no-brainer and it's ridiculous that it's continue tended where the rubber meets the road. >> a no-brainer no matter what side you're on. christy thanks you so much. margaret and john, stop playing footsie. one man, two skis,...
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Jan 26, 2013
01/13
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. >> about spending? >> obama 35r9 2. that's our show tonight. >> obama part 2, that's our show. tonight. >> and now "jojohn stossel. >> who was that guy? anyway, this monday, our nation's capital looked like a monarchy looks when a new king is crowned. thousands applaud, cheer acting like subjects worshipping nobility. at a time when america faces unsustainable debt, economic trouble, why all of the pomp. watching i wondered should our capital be called imperial washington? maybe i go too farment senator burasso attended he joins us from washington. my imperial washington seems to be a minority opinion. am i being unfair? >> i have been to every inauguration since i was 8 and miep dad took -- my dad took me john kennedy's inauguration. this inauguration i am less concerned about what happens this one day than what this president plans to do for the next four as an imperial president with rules regulation and red tape and bizarres, the recess appointments rather than actual realizing this is one of three branchs of government. i believe he thinks he's the king. >> you talk about
. >> about spending? >> obama 35r9 2. that's our show tonight. >> obama part 2, that's our show. tonight. >> and now "jojohn stossel. >> who was that guy? anyway, this monday, our nation's capital looked like a monarchy looks when a new king is crowned. thousands applaud, cheer acting like subjects worshipping nobility. at a time when america faces unsustainable debt, economic trouble, why all of the pomp. watching i wondered should our capital be called...
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Jan 24, 2013
01/13
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MSNBC
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bush, more spending. obama, less spending. that is what is true. >> it's clear the president is not serious about cutting spending. but spending is the problem. >> we've got to stop the president on this issue. he is an out-of-control train right now on spending. >> the president remains committed to an agenda that calls for ever higher spending, a government that is out of control. >> the president wants to pretend that spending isn't the problem. >> it is a spending problem. and the president wants to increase taxes to continue the spending. >> these democrats are going to spend us right into bankruptcy. they're not serious about getting things under control and stopping the spending. >> the white house is so unserious about cutting spending. >> none of that is true. i mean, to the extent that true means attached to facts. here is spending under bush. here is spending under clinton. here is how spending has dropped under president obama. these guys were not mad about george w. bush's big spike in spending, buzz they have dec
bush, more spending. obama, less spending. that is what is true. >> it's clear the president is not serious about cutting spending. but spending is the problem. >> we've got to stop the president on this issue. he is an out-of-control train right now on spending. >> the president remains committed to an agenda that calls for ever higher spending, a government that is out of control. >> the president wants to pretend that spending isn't the problem. >> it is a...
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Jan 25, 2013
01/13
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i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he men
i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real...
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Jan 26, 2013
01/13
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MSNBC
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president obama wants to spend more on education. that's tough. so these cuts go into effect, but they might find very quickly that it's very difficult to actually implement them. >> last thing here to you, chris, we're hearing about a couple of senators not going to be -- not going to seek re-election. talking about harkin, saxby chambliss. chambliss cited the gridlock in washington as part of the reason him wanting to step away. get your reaction to both of these men not seeking re-election. and also what are your thoughts on chambliss actually citing what's happening in washington as part of the reason for him wanting to get out of there? >> i think what we're seeing right now is a generational change in washington. chambliss and harkin and guys like that are part of that change. and it's interesting particularly in chambliss's case as you point out he does cite the partisan gridlock. but he's also part of that old republican guard. he's very close friends with house speaker john boehner for example. i think you're going to see as the republica
president obama wants to spend more on education. that's tough. so these cuts go into effect, but they might find very quickly that it's very difficult to actually implement them. >> last thing here to you, chris, we're hearing about a couple of senators not going to be -- not going to seek re-election. talking about harkin, saxby chambliss. chambliss cited the gridlock in washington as part of the reason him wanting to step away. get your reaction to both of these men not seeking...
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Jan 26, 2013
01/13
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and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered whether their partnership would implode in a public way. but they, instead, became trusted friends. >> reporter: barack obama and hillary clinton have faced questions together before. here in a 2008 presidential debate with cnn's wolf blitzer. >> i don't want to end the war, i want to end the mind set that got us into war in the first place. that's the kind of leadership i intend to provide as president of the united states. >> and, of course -- >> senator clinton, that's a clear swipe at you. >> really? >> back then, it was a very different relationship in the midst of an already bitter rivalry. >> while i
and then president obama asked me to be secretary of state. and i said yes. why did he ask me? and why did i say yes? because we both love our country. >> clinton is expected to spend this last week in washington. no more trips, but i mean, come on, she already set the record for most countries visited by a secretary of state. she topped the 100 mark last july. >>> all right. you have to admit, it seemed like an odd pairing at the beginning, obama and clinton. many wondered...
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Jan 24, 2013
01/13
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it's humbling to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years i have been privileged to spend in the senate. that perspective will remain with me if confirm adas secretary, and i'm already excited about the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways, the greatest challenge to america's foreign policy will be in your hands, not mine. because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis and as a recovering member of the supercommittee, i am especially cognizant of the fact we can't be strong in the world unless we're strong at home. and the first priority of business which will affect my credibility as a diplomat and our credibility as a nation, as we work to help other countries create order, the first priority
it's humbling to hear before you in this new role as president obama's nominee for secretary of state, but my approach to this role, if confirmed, is also deeply informed by the 28-plus years i have been privileged to spend in the senate. that perspective will remain with me if confirm adas secretary, and i'm already excited about the many ways we can work together and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world....
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Jan 26, 2013
01/13
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and then for barack obama's spending 50 million on his second inauguration, the times wrote, fund raising is lagging so far for inaugural plans. and lamenting the fact that in this economy, 50 million dollars was tough to raise. just an interesting point. next on news watch, hillary clinton serves it up and the press reacts. >> what difference at this point does it make? >> hillary clinton finally answers questions about the benghazi debacle delivering a powerful performance to convince lawmakers and the media to see it her way. did it work? find out next on news watch. power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help signi
and then for barack obama's spending 50 million on his second inauguration, the times wrote, fund raising is lagging so far for inaugural plans. and lamenting the fact that in this economy, 50 million dollars was tough to raise. just an interesting point. next on news watch, hillary clinton serves it up and the press reacts. >> what difference at this point does it make? >> hillary clinton finally answers questions about the benghazi debacle delivering a powerful performance to...
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Jan 24, 2013
01/13
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four years ago when the republicans sat in a room on the night of barack obama inauguration, planning on how to destroy his presidency. >> stephanie: yes. >> and anybody thought they were taking a break from that plan -- >> stephanie: don't you love that mcconnell said the inauguration speech was -- a lot of liberalism. to a country we still believe is center right. oh, okay. you continue to believe whatever you want to believe -- >> and romney is going to win in november. i don't know who their pollster is, but they need to hire a new one. and 95% of it was perfectly main stream. this country is center left, and the sooner the republican party gets wise to it, the better for them. >> stephanie: yes, and on each and every issue, americans agree with him, so if that is center right -- >> the right-wing anti-gays came out with tweets saying gay people have all of the rights that everybody else has. that's how delusional they are. >> stephanie: right. here is bill o'reilly. >> not one democrat asks mrs. clinton a tough question. come on, that's appalling. mrs. clinton doesn't really have
four years ago when the republicans sat in a room on the night of barack obama inauguration, planning on how to destroy his presidency. >> stephanie: yes. >> and anybody thought they were taking a break from that plan -- >> stephanie: don't you love that mcconnell said the inauguration speech was -- a lot of liberalism. to a country we still believe is center right. oh, okay. you continue to believe whatever you want to believe -- >> and romney is going to win in...
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Jan 24, 2013
01/13
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if you want to talk about putting someone in a deposition, the republicans allowing obama to be obama and the in the senate to continue to spend than to rack up these insane deficits and debt and go to the 26 -- the 2014 elections we think? >> well, there is no grand strategy. instead they are engaging in skirmishes they cannot win. lou: response to what i suggest that they do. we know the history. that is one of the reasons you're suggesting a different approach. >> i happen to agree with you. nothing that's abroad when look at things. creating enough small ads, small discussions with the american public to make it work, but they have to be very disciplined and do it. the problem, they have multiple taxes. shooting at the leaders command is very difficult. a very difficult position. lou: in a overcome the leaders? >> other people coming at them? i think that leaders worked their way up the system. newt gingrich as an example. over a decade, building the party committing candidates elected committed not just come in one day -- lou: he was the savior and he blew the party up in '96. he
if you want to talk about putting someone in a deposition, the republicans allowing obama to be obama and the in the senate to continue to spend than to rack up these insane deficits and debt and go to the 26 -- the 2014 elections we think? >> well, there is no grand strategy. instead they are engaging in skirmishes they cannot win. lou: response to what i suggest that they do. we know the history. that is one of the reasons you're suggesting a different approach. >> i happen to...
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Jan 27, 2013
01/13
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and then for barack obama spending 50 million on his second inauguration, the times wrote fundraising is lagging so far for inaugural plans. and lamenting the fact that in this economy $50 million was tough to raise. just an interesting point. >> next on news watch. hillary clinton serves it up and the press reacts. >> what difference, at this point, does it make? >> hillary clinton finally answers questions about the benghazi debacle. delivering a powerful performance to convince lawmakers and the media to see it her way. did it work? find out next on news watch. y te a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> with all due respect, the fact is would have four dead americans. was it because of a protests or because of guys out for a walk one night who decided they would
and then for barack obama spending 50 million on his second inauguration, the times wrote fundraising is lagging so far for inaugural plans. and lamenting the fact that in this economy $50 million was tough to raise. just an interesting point. >> next on news watch. hillary clinton serves it up and the press reacts. >> what difference, at this point, does it make? >> hillary clinton finally answers questions about the benghazi debacle. delivering a powerful performance to...
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Jan 26, 2013
01/13
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in spending, the expansion of the government. or to put it in a more abstract and grand was the difference between federal and state which was tilting more toward state. when the question is put that way, the country shows itself to be center-right country. had republicans been able to duplicate those conditions, that framework in 2012, they would have won. but it is not the same election. 2010 is almost purely ideological election. perhaps the most ideological since 1980. then you get to 2010, when you have a personality involved and you have a figure represents one side. romney is a good man. i like him. i think he is an honorable man, and i think he would have made an excellent president. but he was a bad candidate particularly in an election that could have been one had been an election about ideas and philosophy. i think it would have been easily won had been about ideas and philosophy. but he was not the math -- he was not the best man on our side to make that case. secondly, he decided not to make the case either way and t
in spending, the expansion of the government. or to put it in a more abstract and grand was the difference between federal and state which was tilting more toward state. when the question is put that way, the country shows itself to be center-right country. had republicans been able to duplicate those conditions, that framework in 2012, they would have won. but it is not the same election. 2010 is almost purely ideological election. perhaps the most ideological since 1980. then you get to 2010,...
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Jan 26, 2013
01/13
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i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real alternative. host: this tweet -- jeb bush of florida has this in the wall street journal this morning on solving the immigration puzzle. jeb bush says there is no line. guest: i would be with him. and i thought that romney's attacks on rick perry and newt gingrich were not fair on immigration. mitt romney was supposed to be the moderate candidate and rick perry was the right-winger. rick perry was the one who was more forward-looking and more liberal on immigration, which would have served the party better. romney by pandering to what he thought or parts of the republican base on immigration. when he men
i think the republicans should spend less time complaining about president obama and his intentions and more time to thinking about what they can solve and where they can work with him and where they really can fight and should fight him and really try to do some good for the country by mitigating the damage he is doing. and where they cannot mitigate the damage, they can set a fire say we are confident the public will see the failure of president obama's policies and we will get a real...
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Jan 30, 2013
01/13
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CSPAN2
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mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue just keeps getting wider and wider and wider. so let's take a look at it. the occupant of the chair is relatively new to the senate, but not new to the facts. the green area here represents both historic and projected tax revenue. the blue area here, the dark blue area, as you can see, really kind of flat line flatlit here to 2014, is the new revenue that the president got at the end of the new year as a result of the law. the tax rates sunsetted, expired at midnight on new year's eve. the congress then wisely continued the current tax rates for 99% of americans, made those rates permanent so you w
mcconnell: a few weeks ago president obama reported that -- a few weeks ago president obama reportedly said that america doesn't have a spending problem. this is completely at odds with what independent experts tell us and what is perfectly apparent to anybody who is alert. and last week i brought this chart behind me to the floor to illustrate the point. as everyone knows, we're running trillion-dollar annual deficits. what this chart shows is the gap between government spending and revenue...
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126
Jan 29, 2013
01/13
by
CNBC
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eye 126
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and obama tax rates coming and that's not good. but i just think the spending thing, you know, milton friedman taught us that's a tax cut. smaller government is effectively a tax cut. >> you measure the burden of government by spending, not by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down bond prices -- bond rates even though they're buying so many. let me ask you, is the bond play a sucker play right now? if you think there's stronger growth coming and you see this stock market rally which has great legs, corrections or not, great legs, is it time to get out of bonds? >> yes, some investors, larry, have to be in bonds, they're benchmarked, certain liquidity and credit restraints. they have to be in treasuries. as an individual investor, you'd want to stay away from bonds. and if you were a speculative investor, you'd want a short bonds. t
and obama tax rates coming and that's not good. but i just think the spending thing, you know, milton friedman taught us that's a tax cut. smaller government is effectively a tax cut. >> you measure the burden of government by spending, not by taxing. >> all right. do you think the fed -- this is the big question. people are worried about bonds. ten-year treasury bonds, right, have gone from about 140 last summer to about 2% today. upward move. so the fed's not really holding down...
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Jan 29, 2013
01/13
by
WUSA
tv
eye 55
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president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm watching your money. wall street will be watching at the federal reserve begins a two-day meeting here in d.c. at the fed's previous meeting, policymakers promised to keep interest rates near record lows till the unemployment rate falls below 6.5%. it's currently at 7.8%. unfriday the government is scheduled to release the january unemployment report. >>> yahoo reported profits and sales which beat wall street estimates. this is the first quarter under the c.e.o. marissa mayer who left google to join yahoo. >>> and hostess is expected to announce a bidder for drakes snack cakes. the company is expected to pay up to $
president obama said he will indeed sign the bill. >>> the president is also asking three communities affected by mass shootings to help convince congress to pass some new gun corol legislation. the president and members of his cabinet met month with police chiefs in aurora, colorado, oak creek, wisconsin and newtown, connecticut. the president said that no group is more important than law enforcement when it comes to the gun control phase. >>> time right now is 6:05. i'm...
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Jan 26, 2013
01/13
by
MSNBC
tv
eye 42
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and the spending they want to increase is gutted. and this is a kind of insane outcome that is the consequence of the gop's no tax budget. they could get a deal from the obama administration that would cut into medicare and social security and all of these other programs in ways liberals would hate. and republicans would find somewhat congenial, as long as they also agreed to raise taxes. and they don't even need to agree to raise tax rates, that has already been done. they just need to get rid of the loopholes, but they won't, this is a corner they backed themselves into having lost an election and being tied to this ridiculous tax pledge. they are so desperate for leverage, for a hostage, that they can actually shoot that they're willing to point the gun at their own head and threatening to point the trigger. coming up, virginia is for cheaters, at least when it comes to electoral votes. it is aspsilooking to be the pl where you can take the electoral votes, seriously. and one thing in particular, we are crazy in love with. that is
and the spending they want to increase is gutted. and this is a kind of insane outcome that is the consequence of the gop's no tax budget. they could get a deal from the obama administration that would cut into medicare and social security and all of these other programs in ways liberals would hate. and republicans would find somewhat congenial, as long as they also agreed to raise taxes. and they don't even need to agree to raise tax rates, that has already been done. they just need to get rid...
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Jan 29, 2013
01/13
by
CNN
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president obama has deported more persons than any prior president. so i think that going forward certainly there will be the emphasis on the enforcement side, but i think that obama will spend some political capital on the issue of how these 11 million undocumented aliens can become on the path to citizenship. >> and as someone who knows that process, who knows the complicated paperwork, who knows the frustration of waiting for the bureaucracy, do you think it can be done, you can have a path to earned citizenship, which somebody comes forward, gets first a green card, legal status and then in line for citizenship. can that be done in a way that is fair or as fair as possible in the sense that if there is someone who has been waiting legally, will the people already in this country actually go to the back of the line? that's what a lot of people suspect won't happen. >> well, the senate proposal and president obama have both said they will go to the back of the line. that line in some instances is years long for family reunification. it is one of the
president obama has deported more persons than any prior president. so i think that going forward certainly there will be the emphasis on the enforcement side, but i think that obama will spend some political capital on the issue of how these 11 million undocumented aliens can become on the path to citizenship. >> and as someone who knows that process, who knows the complicated paperwork, who knows the frustration of waiting for the bureaucracy, do you think it can be done, you can have a...
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Jan 29, 2013
01/13
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MSNBC
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that's over twice as much as we were spending in 2003. we know president obama has deported record numbers of folks. so how much tougher can we get on the border? we've seen immigration rates decrease. you know, instead of working harder just throwing more money at the issue, what the president is focusing on is let's be smarter about it. let's focus on the technology to track illegal immigrants who are already here. let's think about using technology on the border. so the president can make a very strong case. i'm not too worried about that. i think that's the republican senators trying to look tough for their own party. >> now, richard, let me share this with you. that kind of struck me. a conservative latino group released a memo with some advice to republicans on how to talk about the issue. and in it they admonished them don't use phrases like this. don't use send them all back. elect fence. anchor baby. illegals. reagan. because he gave citizenship to immigrants back in the 1980s. i mean, it's almost like we know you guys aren't rea
that's over twice as much as we were spending in 2003. we know president obama has deported record numbers of folks. so how much tougher can we get on the border? we've seen immigration rates decrease. you know, instead of working harder just throwing more money at the issue, what the president is focusing on is let's be smarter about it. let's focus on the technology to track illegal immigrants who are already here. let's think about using technology on the border. so the president can make a...
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155
Feb 1, 2013
02/13
by
MSNBCW
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well, consumer spending, con instructor spending, all of that is fine. so now they're saying, look, obama is failing because of the contraction their policies that we forced h imto put into place. >> and these are actual numbers, melissa, 9,000 government jobs were lost in january. 74,000 government jobs lost in 2012 alone. 600,000 government jobs lost since february, 2010. these are government jobs. >> right. and two things. remember, a lot of these are jobs that are happening at the state level. these are governors and local administrators, even mayors, who are cutting their city and state budgets. what we know is in 2010, we had a huge overtake of these gubernatorial positions by republicans who are primary republicans who are cutting these government jobs, often jobs that provided an opportunity to lift into the middle class, so many working class people, especially people of color. >> this is one of the reasons why the black unemployment numbers have not gone because we are over-indexed in the public sector. that the state and local republicans are
well, consumer spending, con instructor spending, all of that is fine. so now they're saying, look, obama is failing because of the contraction their policies that we forced h imto put into place. >> and these are actual numbers, melissa, 9,000 government jobs were lost in january. 74,000 government jobs lost in 2012 alone. 600,000 government jobs lost since february, 2010. these are government jobs. >> right. and two things. remember, a lot of these are jobs that are happening at...
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Jan 28, 2013
01/13
by
FBC
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eye 80
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john: for the record, bush did spend an astounding $3 trillion per year, but obama spent 3.8 trillion per year so far, and that is adjusted for inflation. so obama spent 25% more. but they don't believe that. they think it's all bush's fault. >> it's a special kind of kool-aid, it is half worship ms. with dilution -- mixed with dilution. look at the threats that are happening in this country? john: i hope we would learn from what happened in greece. but as of this week, no longer do because the reaction of people in greece is not to say we messed up, we spend too much, it is to be angry about the politicians who want to cut back. and how do they take it out, they bombed the homes of tv commentators who support this. so that is a model for us? >> unfortunately that is the road we are headed down. i live in california and we see it coming faster. we shouldn't be that close to greece being on the opposite coast, but we are. john: another model for failure. >> he said i was a model and i take that as a compliment. i studied in greece and i love greece and i understand the greek people. i
john: for the record, bush did spend an astounding $3 trillion per year, but obama spent 3.8 trillion per year so far, and that is adjusted for inflation. so obama spent 25% more. but they don't believe that. they think it's all bush's fault. >> it's a special kind of kool-aid, it is half worship ms. with dilution -- mixed with dilution. look at the threats that are happening in this country? john: i hope we would learn from what happened in greece. but as of this week, no longer do...